Hear from our Solution Engineer, James, as he answers our most frequently asked questions about DLX. From its core capabilities to integrations, he covers what you need to know.

What is DLX?

DLX is Oneiro’s modern platform for corporate and syndicated lending. It brings together loan products, parties, documents, workflows, calculations, payments and servicing activities in one place, supporting all aspects of the servicing lifecycle from onboarding through ongoing administration, trading and maturity.

DLX is designed to replace fragmented processes spread across legacy systems, spreadsheets and email with a single operational platform.

Who is DLX designed for?

DLX is designed for banks, facility and loan agents, third-party administrators, direct lenders, private credit managers and other organisations responsible for managing complex corporate lending.

It can support institutions looking to replace a legacy servicing platform, as well as those wanting to modernise individual processes or introduce new digital capabilities alongside their existing technology.

What types of lending products can DLX support?

DLX can support a wide range of corporate and institutional lending structures, including syndicated loans, bilateral loans, club deals, private credit, leveraged finance, real-estate lending and participations.

The platform can also support products such as guarantees and letters of credit, while its flexible smart-contract architecture allows new or institution-specific products to be introduced without building a new servicing platform from scratch.

Can DLX manage the full lifecycle of a loan?

No, DLX does not manage loan origination. It manages the loan servicing lifecycle from the point of contract signature. Lifecycle events include, deal setup, drawdowns, interest period rollovers, fees, repayments, covenant monitoring, amendments, voting, secondary trades and maturity.

DLX can manage the underlying calculations, schedules, cashflows, approvals, payments and notices associated with those activities, giving teams a consistent operational record throughout the life of the transaction.

What day-to-day loan servicing activities can DLX perform?

DLX supports the operational activities required to service complex loans, including drawdowns, rollovers, repayments, interest processing, rate setting, fee settlement, capitalisation, amendments, transfers and secondary trading.

Those transactions can be managed through configurable workflows with appropriate review and approval controls, helping reduce manual processing and duplicate data entry.

How does DLX handle interest rates and pricing?

DLX maintains contractual pricing rules as part of the loan structure and uses them to calculate accruals and cashflows throughout the life of the transaction.

The platform can support benchmark rates, margins, rate resets, business-day conventions, pricing structures, taxes, capitalised interest and other contractual calculation rules. External market-data sources such as Bloomberg can also be integrated into the process.

Can DLX manage complex fees?

Yes. DLX includes a flexible fee engine designed to support both recurring and event-driven fees.

Different calculation methodologies, payment schedules, lender allocations, tax treatments and contractual terms can be incorporated into the servicing process. Fees can therefore be managed alongside interest, principal, payments and notices rather than through separate spreadsheets or offline processes.

How does DLX reduce manual loan administration?

DLX replaces many tasks that are traditionally managed across multiple systems, spreadsheets, emails and checklists with structured workflows and automated calculations.

Transaction events can automatically update schedules, cashflows, balances and related operational activities. This helps reduce rekeying, manual reconciliation and operational risk while giving teams a single source of truth for the transaction.

Does DLX support maker-checker and approval workflows?

Yes. Review, approval and segregation-of-duty controls can be built into DLX workflows.

Activities can move through defined stages before transactions, changes or payments are completed. This allows organisations to automate repetitive operational work while retaining human oversight and appropriate control over higher-risk activities.

Can DLX generate borrower and lender notices?

Yes. DLX includes a configurable notice engine that can produce borrower, lender and transaction communications using information already held within the platform.

Because notices are linked directly to the underlying transaction and calculation, teams can reduce manual document preparation while helping ensure communications remain consistent with the system of record.

Can DLX manage loan payments?

Yes. DLX calculates the cashflows arising from loan transactions and can support the operational workflow required to review, approve and release payments.

DLX can also integrate with external banking and payment infrastructure, including ISO 20022 and PACS-based payment processes, allowing it to operate within a bank or administrator’s wider payments architecture.

How does DLX support facility and loan agents?

DLX provides agency teams with a 360-degree view of the transaction, bringing together borrower, lender, facility, loan, transaction, document, covenant and operational information.

Front-office, middle-office and operations teams can therefore work from the same record rather than maintaining separate information across email, shared drives, spreadsheets and legacy systems.

Can borrowers and lenders access DLX directly?

Yes. DLX provides secure borrower and lender portals, with the agent controlling what each counterparty can view and perform.

Depending on the implementation, users can access deal information, documents, messages and servicing information. Lender functionality can also extend to activities such as voting and secondary trading.

Does DLX include a virtual data room?

Yes. DLX includes Virtual Data Room functionality so transaction documents can be stored and shared securely with authorised counterparties.

Documents can sit alongside the relevant deal, parties and operational activities, helping create a single controlled environment rather than separating documentation from the underlying servicing platform.

Can DLX manage covenants and ongoing obligations?

Yes. DLX can record, schedule and monitor covenants, conditions precedent and subsequent, documentary requirements and other ongoing obligations.

These items can be linked directly to the relevant deal and parties, giving teams an auditable operational record and reducing reliance on separate spreadsheets, shared calendars and manual reminders.

Can DLX integrate with our existing systems?

Yes. DLX can operate as a core servicing platform or as part of a broader existing technology landscape.

APIs and data interfaces can connect DLX with payment systems, market-data providers, accounting platforms, reporting tools, email services, data warehouses and other internal or third-party applications.

This allows organisations to modernise at their own pace rather than being forced into a single large-scale system replacement.

What reporting and data access does DLX provide?

DLX maintains operational information within a single relational data model covering areas such as parties, transactions, schedules, cashflows, rates, payments, notices and accounting events.

Customers can access this information through reporting, database extracts, APIs and integrations with external analytics and BI platforms, allowing the same underlying data to support operations, management information and downstream systems.

How does DLX work with AI?

DLX provides an MCP-based interface that allows authorised AI agents to interact securely with the DLX platform.

One example is AI-assisted deal onboarding, where an AI agent can interpret a credit agreement, identify the relevant terms and prepare the deal structure for review in DLX.

The same approach can also support operational queries, transaction initiation and dynamic reporting, while retaining human review and approval where required.

Do we have to use a particular AI provider with DLX?

No. DLX is designed to work with a customer’s chosen AI or large language model.

Its MCP interface provides a controlled connection between authorised AI tools and the DLX data model and operational capabilities. This allows institutions to incorporate DLX into their own AI strategy rather than being tied to a proprietary Oneiro AI assistant.

Human-in-the-loop controls can remain in place for sensitive or high-risk activities.

Do we need to replace our existing loan system to use DLX?

No. DLX can support a range of transformation strategies.

It can replace an existing servicing platform, operate alongside an incumbent system during transition, or provide digital, workflow, portal and integration capabilities around an existing architecture.

Migration can also be phased by portfolio, branch or product, allowing organisations to introduce DLX in a way that suits their operating model, risk appetite and transformation roadmap.

Is DLX a cloud or on-premise application?

DLX supports both cloud SaaS and on-premise deployment model options.

Would you like to know more? Get in contact or book a demo here. We would love to explore how DLX can help modernise and streamline your operations.